Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Average Rating of “Hold” from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have received a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $17.8750.

Several equities analysts recently commented on PINE shares. Stifel Nicolaus upped their price target on shares of Alpine Income Property Trust from $17.50 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Weiss Ratings restated a “sell (d+)” rating on shares of Alpine Income Property Trust in a research report on Monday, December 29th. Zacks Research cut shares of Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, December 22nd. Jones Trading reiterated a “buy” rating and issued a $19.00 price target on shares of Alpine Income Property Trust in a research note on Monday, October 27th. Finally, Industrial Alliance Securities set a $18.50 price target on Alpine Income Property Trust in a research report on Monday, November 17th.

Alpine Income Property Trust Price Performance

Shares of NYSE PINE opened at $17.01 on Friday. The firm has a market cap of $240.86 million, a P/E ratio of -48.60, a price-to-earnings-growth ratio of 1.43 and a beta of 0.58. The business’s 50 day moving average is $16.64 and its 200-day moving average is $15.21. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.46. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $17.88.

Alpine Income Property Trust (NYSE:PINE) last released its quarterly earnings results on Thursday, October 23rd. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.52). The firm had revenue of $14.56 million during the quarter, compared to the consensus estimate of $14.67 million. Alpine Income Property Trust had a negative net margin of 8.86% and a negative return on equity of 1.96%. Alpine Income Property Trust has set its FY 2025 guidance at 1.820-1.850 EPS. Equities research analysts predict that Alpine Income Property Trust will post 1.74 earnings per share for the current year.

Alpine Income Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, December 11th were issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, December 11th. Alpine Income Property Trust’s dividend payout ratio is -325.71%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp acquired a new stake in Alpine Income Property Trust during the third quarter worth about $25,000. Strs Ohio acquired a new stake in shares of Alpine Income Property Trust during the 1st quarter worth approximately $42,000. BNP Paribas Financial Markets increased its stake in Alpine Income Property Trust by 197.5% in the third quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company’s stock valued at $95,000 after acquiring an additional 4,433 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in Alpine Income Property Trust by 31.4% in the third quarter. Public Employees Retirement System of Ohio now owns 10,227 shares of the company’s stock valued at $145,000 after acquiring an additional 2,442 shares during the last quarter. Finally, Jeppson Wealth Management LLC acquired a new position in Alpine Income Property Trust during the second quarter valued at approximately $152,000. Institutional investors and hedge funds own 60.50% of the company’s stock.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.